I wonder how many people posting here have any knowledge of history. I find it hard to believe that comunist/socialist principles have such a strong following.
SpuriousMonkey:
Capitalism looks great on paper. Shame that millions have to suffer for the luxury life of a few.
For about 150 years, ending some time in the late 1900's or early 20th century, America (at least in the North) had a good approximation to laissez faire capitalism (I put the beginning of the end at 1913). During that time, the life of the average man improved greatly. If you compare life in the USA (except for slaves in the South), all were better off than the average person under the Feudal system which capitalism replaced.
By 1900, the average American work had a standard of living only surpassed by the nobility of the feudal era.
The so called robber barons had to provide jobs as well as good and services at prices affordable to the average person. Their activities were a net benefit to the average person. Today, few but the politicians, lobbyists, and favored special interests benefit from the monstrous bureaucracies established at almost all levels of government.
Legislation, labor unions, and welfare programs did not result in the production of all the items available to the average worker in America. Today, we are all aware of the cars, computers, TV's, cell phones, household applinances, entertainment, and other goods/services available to us.
How many are aware of conditions around 1900? If you were to study a Sears Roebuck catalog from the 1900-1910 era, you would be amazed at the items available and affordable to the average worker. 100-200 hundred years earlier, only the very wealthy (mostly land owing nobility) could afford such items. Yet that era was near the end of the so called robber baron era.
To me it is sad that America has been in decline for at least 50-60 years. It is a tribute to how high we got that USA is still one of the best places in the world to live.
I think that we have gone down hill mainly due to the implementing of socialist principles, which have undermined the work ethic of long ago. With or without socialist policies, we have suffered from an excess of government control over the economy. Demagog-like politicians have made a bogeyman out of big business in order to justify big government and become more powerful and affluent.
Vslayer:
you dont need money if you eliminate trade. an ideal system would be one where everything is free. you do your job, and provide your services/goods to others, and in exchange you receive services/goods as you need them. no money ever changes hands.
If you think that such a system could work on a national level, you are hopelessly naive.
Dragon: I find it hard to believe that anybody who lived in the USA & the USSR thought that conditions in the USSR were better. From the 19th century until recent times there have been large numbers of people wanting to and actually managing to get to the USA. There has never been an era when more than a few from America wanted to go elsewhere, and I would not expect Russia to be anyone's idea of a good place to go without either a large amount of money or influential contacts.
I have known a lot of Russian born people who came here, including some who arrived recently and some who arrived up to 30 or more years ago. Without exception, they have commented on how much better life is here, both in terms of personal freedom and standard of living.
Zephyr:
What about mixed economies?
Depending on what goes into the mix, it is likely to be analogous to mixing food and poison. Some compromises are not worth considering.